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It will close the home loan business and lay off about 750 people in Plano who are part of it. About 155 additional employees will be laid off in St. Cloud, Minn., and Melville, NY. Capital One will.
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An institutional bank lender provided the leasehold loan. The two new Safehold ground leases are beneath Parkwood Place, an office building in Plano, TX, and Duke Bridges III, an office building in.
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The company also experienced a bumpy spring this year after a clerical mistake widened spreads on JCP credit default swaps.
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